Bob van Dijk, CEO of Africa’s biggest company, suffers $6-million loss in August
Van Dijk, who has been CEO of Naspers since 2014, owns a 0.24-percent stake in the South African conglomerate.
South Africa
Dangote’s net worth surges to $11 billion, overtaking South African billionaire Johann Rupert
With his net worth presently standing at $11 billion, the disparity in wealth between Dangote and Rupert becomes evident.
German court initiates extradition process for disgraced South African billionaire Markus Jooste
However, the intricate diplomatic process required for Jooste’s extradition remains uncertain.
Sizwe Nxasana: South African accountant who led Africa’s most valuable bank for a decade
South African business executive and distinguished accountant Sizwe Nxasana stands out as an architect of transformation and growth.
South African Ackerman family faces $20-million loss since start of August
The Ackerman family owns a notable 25.53-percent stake in Pick ‘n Pay, constituting 124,677,238 issued shares.
South African tycoon Johan Burger gains $2.6-million from stake in FirstRand
Burger, who has been a director at FirstRand since 2009, owns a beneficial 0.11-percent stake in the leading financial services group.
Africa’s richest title returns to Johann Rupert, as Dangote loses $538 million
Rupert, who had briefly conceded the top spot, managed to secure his lead again with a net worth of $10.6 billion.
5 South Africans who founded billion-dollar pharma companies
Billionaires.Africa shines a spotlight on five South African trailblazers who have propelled South Africa onto the global stage of medical innovation.
South African tycoon Noluthando Gosa suffers $8.9-million loss
Gosa derives the majority of her fortune from a well-diversified investment portfolio, including a 6.15-percent stake in ArcelorMittal SA.
Johann Rupert ‘no longer’ Africa’s richest man as net worth slumps by $200 million
Despite the latest slump in his fortune, Rupert still retains his position as South Africa’s richest man.
South African mining billionaire Brian Menell secures $200-million funding
Menell, founder of Techmet, is a scion of the Menell family who founded and controlled the Anglovaal Group.
Led by South Africa’s wealthy Ravazzotti family, Italtile faces tough times
Ravazzotti, the founder of Italtile, holds a 33.88-percent stake in Italtile, presently valued at $287.1 million.
Nigerian billionaire Aliko Dangote is back on top as Africa’s richest man
Dangote’s return to the top of the continent’s richest list follows a surge in his net worth, as reported by Forbes.
South Africa’s richest man Johann Rupert set to reap $233-million dividend in September
Rupert, who serves as Richemont’s chairman, holds a significant interest in the company through Compagnie Financiere Rupert.
South African billionaire Christo Wiese’s stake in Shoprite jumps by $100 million
Wiese, a South African billionaire who played an instrumental role in Shoprite’s growth, owns 11.63 percent of the company.
South African tycoon Adrian Gore loses $13.6 million as Discovery shares slump
Gore, who founded Discovery in 1992 and ranks as one of South Africa’s richest businessmen, owns a 7.48-percent stake in the Sandton-based insurance giant.